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A ceasefire agreement has been reached, which is a positive sign. U.S. President Donald Trump announced a two-week pause on bombing and attacks against Iran, provided Iran agrees to "full, immediate, and secure opening" of the Strait of Hormuz. Iran (through the Foreign Minister and the Supreme National Security Council) has responded, agreeing to cease defensive actions during the ceasefire and, in coordination with armed forces, allow ships to pass safely within technical limitations.
Currently, over 1,000 ships are waiting on both sides of the strait, and a few cargo ships have begun testing navigation. The U.S. has stated it will assist in managing traffic congestion, and Trump even mentioned this could bring "great wealth" and a "Golden Age in the Middle East."
However, a full cessation of hostilities remains uncertain:
This is only a temporary ceasefire (two weeks), aimed at buying time for negotiations (expected to start around April 10 in Pakistan and other locations).
Deep-rooted conflicts (nuclear issues, regional influence, Israel-Iran confrontation, etc.) have not been resolved. Iran claims this is a "victory" and has put forward 10 demands (including lifting sanctions, reconstruction, etc.); Israel's stance is relatively restrained but they have not completely halted their actions.
Details of navigation through the Strait of Hormuz remain uncertain (Iran emphasizes the need for its permission, which may involve transit fees; technical and security coordination will take time). If negotiations fail after two weeks, the risk of escalation could reignite.